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The early 2000s recession was a major decline in economic activity which mainly occurred in developed countries. The recession affected the European Union during 2000 and 2001 and the United States from March to November 2001. [ 1 ]
The 2000s contained two recessions, according to the U.S. National Bureau of Economic Research. [1] The first occurred from 2001 to 2003, and the second began in December 2007. Major downturn in the value of dot-com shares, with occasional exceptions ( Google 's IPO on August 13, 2004).
There is debate over what the effects of the 2000s energy crisis will be over the long term. Some speculated that an oil-price spike could create a recession comparable to those that followed the 1973 and 1979 energy crises or a potentially worse situation such as a global oil crash .
The 2000s United States housing bubble or house price boom or 2000s housing cycle [2] was a sharp run up and subsequent collapse of house asset prices affecting over half of the U.S. states. In many regions a real estate bubble , it was the impetus for the subprime mortgage crisis .
Chrome subsequently became the most popular web browser in the world, overtaking Internet Explorer. September 23 The first version of Android was introduced by Google. [11] October 22 The HTC Dream (T-Mobile G1), the first commercially available device to run the Android operating system, was released.
“In the early 2000 Supreme’s limited supply skate skateboard decks sold for an average of $60.” Curl said that “enthusiasts would line the sidewalks to anxiously get their chance at ...
The data were compiled by Nielsen SoundScan based collectively on each single's weekly physical (CD, vinyl and cassette) and digital sales, airplay, and streaming. Only songs released as physical singles were counted prior to 1998, when Billboard magazine allowed airplay-only singles to chart. [ 1 ]
The U.S. subprime mortgage crisis was a set of events and conditions that led to the 2008 financial crisis and subsequent recession. It was characterized by a rise in subprime mortgage delinquencies and foreclosures, and the resulting decline of securities backed by said mortgages. Several major financial institutions collapsed in September ...